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Abu Dhabi Investment Authority to Invest ₹4,966.80 Crore in Reliance Retail

Abu Dhabi Investment Authority to Invest ₹4,966.80 Crore in Reliance Retail

Mumbai, October 6, 2023 - Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries, disclosed today a major financial development. A unit of the Abu Dhabi Investment Authority (ADIA) is set to infuse ₹4,966.80 crore into the company. This places RRVL's pre-investment equity value at

Indian Commerce Minister Discusses Investment Plans with Top UAE Company CEOs

Indian Commerce Minister Discusses Investment Plans with Top UAE Company CEOs

Dubai, October 6, 2023 — Piyush Goyal, the Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, held pivotal discussions with the top brass of premier UAE firms in Dubai. During his interaction with the CEOs of Emaar, Sharaf, and DP World, the agenda prominently centered

India-UAE Set Sights on US$100 Billion Non-Oil Trade by 2030 at 11th Joint Task Force Meet

India-UAE Set Sights on US$100 Billion Non-Oil Trade by 2030 at 11th Joint Task Force Meet

Abu Dhabi, October 5, 2023 - India and the UAE reinforced their economic alliance in the 11th meeting of the High Level Joint Task Force on Investments held in Abu Dhabi. The meeting, co-chaired by Sheikh Hamed bin Zayed Al Nahyan from the Abu Dhabi Investment Authority and India'

UAE and India Ink MoU to Bolster Industrial Development and Advanced Technologies

UAE and India Ink MoU to Bolster Industrial Development and Advanced Technologies

Abu Dhabi, October 5, 2023 - In a significant stride towards sustainable industrial progression, the UAE and India have sealed a memorandum of understanding (MoU). Signed at the eminent Emirates Palace, this collaboration pledges to elevate industrial investments, foster technology transfer, and drive key tech deployment across industries. Dr. Sultan

India's RuPay Partners with UAE's Al Etihad Payments for Domestic Card Scheme

India's RuPay Partners with UAE's Al Etihad Payments for Domestic Card Scheme

Abu Dhabi, October 5, 2023 - In a significant move towards bolstering digital payments, NPCI International Payments Limited (NIPL), an offshoot of India's National Payments Corporation of India (NPCI), has inked a landmark agreement with UAE's Al Etihad Payments (AEP). This collaboration aims to shape and

Emirates Soars High as Official Airline Partner for ICC Men’s Cricket World Cup 2023 in India

Emirates Soars High as Official Airline Partner for ICC Men’s Cricket World Cup 2023 in India

Dubai, October 5, 2023 - Celebrating its long-standing association with the International Cricket Council (ICC), Emirates takes the spotlight once again as the Official Airline Partner for the ICC Men’s Cricket World Cup 2023. Scheduled from 5th October to 19th November, the prestigious cricketing event is hosted across ten

Dubai based Sobha Developers to Invest Rs. 10 billion in Sabarmati Riverfront Development

Dubai based Sobha Developers to Invest Rs. 10 billion in Sabarmati Riverfront Development

Gandhinagar, 30 September 2023: In a significant development for Ahmedabad's infrastructure, the Gujarat government has sealed a deal with Dubai-based Sobha Developers. The memorandum of understanding (MoU) entails an investment of Rs. 10 billion by Sobha Developers over the next five years for the development of a 4.